Sabtu, 27 Februari 2021

Savix - Automated Gas-Free Staking

 

The main objective of Savix is ​​to enable users to benefit as much as possible from the new investment opportunities created by decentralized finance with the least possible constraints. This is a Savix mission.

We therefore allow users to combine multiple revenue streams while maintaining full flexibility of token use. The betting mechanism built into the Savix protocol works without requiring any user action. Users do not need to lock their tokens and do not need to claim their rewards as the staking process is fully automated.

What is Savix

Savix is ​​a decentralized financial product available for non-tech savvy users. Savix Tokens allow gas-free automatic staking rewards.

Savix Trinary Optimizes Uniswap Liquidity Provision

Savix Trinary will be the application that applies these guidelines to optimize the returns that investors can get by participating in Uniswap's liquidity pool.

The complex interactions of printing Uniswap dedicated liquidity provider tokens (LP tokens) and reinvesting them to optimize profits will be automated by this application. Instead of having to actively observe developments in the liquidity pool, withdraw LP tokens and decide whether to reinvest or withdraw, Trinary will only offer investors to participate in an app that takes care of all the details all by itself.

In this way the complexity of optimizing the liquidity supply is reduced to a single decision, to participate or not, to click or not to click.

Savix token

The Savix token is the backbone of the dashboard integrated with the applications built on top of it.

The Savix token (SVX) has a dual function in the Savix ecosystem:

The SVX token creates regular, predictable interest generated by its protocol embedded betting mechanism. Core SVX tokens are DeFi's answer to traditional savings accounts as they embody the option of receiving regular, predictable rewards like the old classic fiat savings made.

In addition, the flexibility of leaving all SVX tokens unlocked while participating in a betting system offers the potential to use SVX tokens as collateral for other DeFi investments at the same time.

This dual nature of the SVX token leads to an excellent concept of multiple possible passive income streams. Or, referring to the integration and use of the Trinary application, the concept is called 1 to 3.

Savix Roadmap

As often in life the way to reach the goals outlined here is a long one. Nevertheless, the path is well-known and we are on our way, having achieved several milestones already.

The Savix token’s smart contract and staking logic is designed, developed, audited and deployed already. The staking mechanics get activated immediately after official trading starts! All ready-to-roll!

The next steps necessary on the way to the inclusive DeFi ecosystem and dashboard illustrated above will be:

Creating awareness of and market stability for the SVX token.

This task goes along with a lot of marketing and community building since a stable value of the SVX token is essential for all upcoming features to be built upon. Hence interactions with YouTube influencers, but news portals as well will play a major part in this development phase.

Selecting suitable DeFi partners and establishing cooperations with them.

From hundreds of DeFi products and tools available a selection of well-working products will have to be selected in order to set up partnerships to the mutual advantage of both parties. Potential DeFi partners will come from the areas of Decentralized Exchanges (DEX), Decentralized Money Markets (like lending and borrowing), Decentralized Synthetics (like digital shares) and non-fungible token markets.

Best-Practise Solution Savix Trinary

To demonstrate the power of multiple income streams the Trinary dapp will be developed as one of the first priorities.

Savix Integrated DeFi Dashboard

The Savix dashboard will always be organically evolving software the adapts to new partner products as well as ideas and requirements coming from the community. Therefore it will be created in several steps. In connection with Savix Trinary a first basic version of the dashboard will be released. With the following releases of the dasboard new functions and DeFi partner products will be integrated.

Savix Development Roadmap

Q2 2021

πŸ‘† Savix Trinary

πŸ‘† Awareness campaign

πŸ‘† Partnership preparations

Q3 2021

πŸ‘† Official partnerships with DeFi projects

πŸ‘† Technological integration with partner projects

Q4 2021

πŸ‘† Savix integrated DeFi dashboard

Q1 2022

πŸ‘† Complementary DeFi partnerships in order to integrate all areas of DeFi applications in the Savix dashboard

For more information, please visit https://savix.org

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Name:Bayanganhitam

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